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How do I deduct the 15% depletion for oil royalties in Turbo Tax Business?

 
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Employee Tax Expert

How do I deduct the 15% depletion for oil royalties in Turbo Tax Business?

You can deduct under 'All other Expenses'. Enter the description and amount.

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New Member

How do I deduct the 15% depletion for oil royalties in Turbo Tax Business?